Looking for something a bit more flexible?
Completely Retail is delighted to announce the launch of our new retail platform, Completely Flexible, focusing exclusively on retail units available in a flexible format for short-term lease.
Physical retail has seen major changes over recent years in terms of how retailers and their customers engage, and these changes have been accelerated by the Covid-19 pandemic. Over the past two years the market has observed an increase in vacancies, with a record vacancy rate of 14.4% being reached at the end of 2021*. These changes have forced brands and landlords to adjust their business requirements and have created the opportunity, and demand, for more flexible, short term retail formats in order to produce supplementary income. Completely Retail has responded quickly to these market changes with the launch of this new platform, in order to fulfil the requirements of our customers.
Completely Flexible is targeted at brands and retailers who want to experiment on a short-term basis with new locations, concepts and physical retail spaces, through a flexible letting format that involves less investment, complexity and contractual commitment than the typical multi-year retail lease. Completely Flexible also services landlords and agents looking to fill vacant units and attract new brands to their retail units and schemes to drive footfall and greater customer engagement without compromising their term long-term lease opportunities. In addition, short-term flexible format leases can produce supplementary income and a better customer offering for landlords whilst still seeking longer-term tenants.
Operating since 2008, Completely Retail is the UK’s only property marketing portal dedicated to retail property. Just as brands and landlords have had to shift their requirements and strategies to keep up with the changing retail landscape, we at Completely Retail have adapted to these changes with the launch of our Completely Flexible platform to meet the needs of existing and future clients.
Lucinda Kelly, Managing Director of Completely Property Technology said “We are delighted to respond to the requirements of our brand and landlord clients with the launch of Completely Flexible. We believe that this dedicated platform will create real value for our clients and reflects the requirements of the new retail landscape”
Brands can sign up to Completely Flexible, free of charge, to search for and be alerted to suitable properties which meet their location and other requirements and available for short-term lease. In addition, by providing their brand’s profile and space requirements they can be easily identified by and matched to landlords and agents leasing suitable properties. Sign up here: https://completelyretail.co.uk/brands.
Landlords and agents can continue to list their properties for long-term lease on Completely Retail and, for no additional cost, also register to use the Completely Flexible platform to market those properties also available for short-term lease.
If you’d like any more details about this new feature or want to discuss anything with the team please get in touch via firstname.lastname@example.org.
*Data taken by a 2022 report by The Local Data Company Ltd.